![Strengthening Greece-Kuwait relations – Ministers’ contacts in Kuwait](https://www.ot.gr/wp-content/uploads/2021/12/Fragogiannis-600x400-1.jpeg)
According to an announcement by the Ministry of Foreign Affairs, the Deputy Minister for Economic Diplomacy and External Affairs Costas Fragogiannis and the Minister of Development Adonis Georgiadis had successive meetings with prominent businessmen from Kuwait, as well as with officials of the country’s new government, as part of the working visit held in Kuwait on 16 and 17 January 2023.
The subject of the discussions was the strengthening of relations between the two countries, as well as the preparation of a Joint Interministerial meeting to record the agenda of issues concerning both the Kuwaiti business world and Greek businessmen who want to expand their activities in the Arabian Peninsula.
Athens – Kuwait flights
The two ministers, according to the same announcement, had the opportunity to present the rapid change that has taken place in the last four years in our country, which is now an attractive investment destination for large investments. Particular interest was expressed by the Deputy Minister of Finance of Kuwait Aseel Al-Saad Al Munifi and the Minister of Trade and Industry Mazin Saad Ali Al-Nahedh, for the Athens-Kuwait air connection, an agreement which, as they assured, is very close to being closed .
Opening of the exhibition Alexander the Great, Bridging East and West, by Warlamis
Messrs. Fragogiannis and Georgiadis on Monday evening also opened the exhibition Alexander the Great, Bridging East and West, by Warlamis. Present at the opening event were dozens of businessmen from Kuwait as well as Greeks active in the region. At the opening of the exhibition, which is an initiative of Ambassador Constantinos Piperigos, the internationally renowned mezzo-soprano, Alexandra Gravas, sang Greek and Arabic songs.
The mission earlier visited the national museum of the city, in which the finds from excavations on the ancient-Greek island of “Failaka” which was so named from the Greek word Phylakion, due to the strategic position that Alexander the Great had taken advantage of, have a prominent place. In the meeting with the Minister of Commerce of Kuwait, cooperation was requested in the planning of cultural utilization and tourism development of the island. Two Greek archaeological expeditions have already been carried out on this island, while in this period there are also ones from other countries.
During the visit to Kuwait, Mr. Fragogiannis signed, on behalf of the Hellenic Export Credit Company SA. ECG, Memorandum of Cooperation with the Kuwaiti counterpart Dhaman.
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
Latest News
![Greek Islands and Piraeus Remain Cruise Hotspots Despite Earthquakes](https://www.ot.gr/wp-content/uploads/2023/02/Piraeus_cruise_1-600x382.jpg)
Greek Islands and Piraeus Remain Cruise Hotspots Despite Earthquakes
A total of 918 cruise ship arrivals have already been scheduled for 2025, with 714 of them designating Piraeus as their home port
![Athens Hotels See Strong Growth in Bookings and Prices](https://www.ot.gr/wp-content/uploads/2025/02/Athens-hotels-600x337.jpg)
Athens Hotels See Strong Growth in Bookings and Prices
Hoteliers point out that this success is being achieved despite the competition from short-term rental services like Airbnb.
![Greece Launches Microfinance Fund to Support Small Businesses](https://www.ot.gr/wp-content/uploads/2025/02/stournaras-mikropistwseis-600x400.jpg)
Greece Launches Microfinance Fund to Support Small Businesses
The Microfinance Fund will offer interest-free financing at a rate of 60% for general entrepreneurship and 75% for female entrepreneurship, with microfinance institutions providing the remaining 40% or 25%.
![Study: Greece’s Economic Growth Threatened by Labor Shortages](https://www.ot.gr/wp-content/uploads/2023/11/45_p14.2_img-1-600x398.jpg)
Study: Greece’s Economic Growth Threatened by Labor Shortages
In its analysis, Capital Economics cites three factors as the reasons why it does not anticipate Greece’s employment significantly increasing in the coming years.
![Goldman Sachs Optimistic on Greek Banks, Sees Valuation Improvement](https://www.ot.gr/wp-content/uploads/2025/02/Goldman-Sachs-600x400.jpg)
Goldman Sachs Optimistic on Greek Banks, Sees Valuation Improvement
Goldman Sachs downgrades Eurobank to "Neutral" from "Buy" due to its valuation, trading at 1x price-to-tangible book value (P/TBV).
![Greek Tax Authorities Target Tax Evasion via Lifestyle Audits](https://www.ot.gr/wp-content/uploads/2025/02/shutterstock_2347095029-scaled-1-600x400.jpg)
Greek Tax Authorities Target Tax Evasion via Lifestyle Audits
Audit teams use advanced algorithms and risk analysis to conduct lifestyle audits and identify taxpayers suspected of concealing undeclared income.
![Giannis Antetokounmpo Invests in AI Video Production Platform](https://www.ot.gr/wp-content/uploads/2023/02/giannis-antetokounmpo-600x337.jpg)
Giannis Antetokounmpo Invests in AI Video Production Platform
The platform, founded in 2021 by Victorien Tixier and Xavier Green, automatically tags and organizes content, allowing teams to speed up distribution to broadcasters, sponsors, and even the athletes themselves
![Greece’s Industrial Production Rises 5.8% in December](https://www.ot.gr/wp-content/uploads/2025/02/Industrial-production.jpg)
Greece’s Industrial Production Rises 5.8% in December
For the entire year, the average General Index of Industrial Production increased by 5.2% in comparison to the corresponding period in 2023.
![Study Shows Athens Traffic Congestion Up](https://www.ot.gr/wp-content/uploads/2023/09/traffic-332857_1280-600x400.jpg)
Study Shows Athens Traffic Congestion Up
On average, car drivers and their passengers who venture out onto Greater Athens’ roads will spend roughly half an hour in the vehicle to cover a distance of 10 kilometers
![Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System](https://www.ot.gr/wp-content/uploads/2025/02/2025-02-07T223323Z_1406125441_RC24JBAKMTGM_RTRMADP_5_ELON-MUSK-JP-MORGAN-600x389.jpg)
Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System
Judge blocks Elon Musk’s team from Treasury access over security risks and potential misuse of federal payment data.